Depo accounts and holders
Accounts are opened by hand and statuses live in different files, and a holder sees positions late. The solution opens accounts with checked fields, keeps statuses and shows balances and blocks per account. With the solution the account book is trusted by holders and auditors, and statements go out daily. In setup the holder cards and account types come as reference data, and statuses follow one route.
Issues under service
The serviced list is assembled from files, and an event slips past the schedule unnoticed. The solution keeps the issues and classes with their event schedules and highlights the day of the depository. With the solution one serviced list covers the whole register, and every event has an owner. In setup classes, nominals and schedules are set in configuration, and the calendar feeds the payout works.
Instruction intake
Instructions arrive in different formats, and a field problem surfaces at the end of the chain. The solution accepts instructions through the web desk, the API, SWIFT and ISO 20022 files. Field, pledge and limit checks run on the way in. With the solution instructions enter clean, and the route to delivery is set automatically. In setup templates and standing instructions cut the recurring types, and declines carry reason codes.
Delivery versus payment
The settlement day is reconciled by hand, and a divergence surfaces with the closing balance. The solution runs DvP delivery with two net checks a day and mirrored positions against the settlement depository. With the solution the day closes without breaks, and failures turn into cases with owners before the evening. In setup large deliveries queue with counterparty confirmation, and partial fills stay journaled.
Corporate actions and payouts
Payouts follow spreadsheets, and a holder learns about a record date at the last moment. The solution runs registers, dividends, coupons, splits and votes, with records fixed, taxes withheld and receipts sent. With the solution every payout lands on its date, and the event trail runs from the announcement to the receipt. In setup notices reach holders before the record date, and voting comes back into the journal.
Reconciliation
A mismatch with the register or the custodian surfaces at month end, and the party spends days unpicking it. The solution reconciles several times a day across the depository, registrars, custodians and the bank. With the solution breaks close the same day with an owner and a root cause. In setup every channel has its schedule and tolerance, and channel metrics stay visible.
Reporting
Regulator forms are assembled from extracts by hand, and reconciling them with the account book eats up team time. The solution prepares forms from the live positions and sends signed exports with receipts. With the solution the supervisor gets an answer on time, and the audit passes along a ready trail. In setup the form scope and the dispatch schedule are visible, and versions stay journaled.
